Question: Finding the Capital Structure Fama's Llamas has a weighted average cost of capital of 9.8 percent. The company's cost of equity is 13 percent, and

Finding the Capital Structure Fama's Llamas has a weighted average cost

Finding the Capital Structure Fama's Llamas has a weighted average cost of capital of 9.8 percent. The company's cost of equity is 13 percent, and its cost of debt is 6.5 percent. The tax rate is 35 percent. What is Fama's debt-equity ratio

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